Multiple Choice
ABC experienced the following changes in its capital structure during 2014: Outstanding on January 1,2014,90 common stock shares
Sold 120 common shares on February 1,2014
Sold 60 common shares on April 1,2014
Issued a 2 for 1 split on August 1,2014
ABC's weighted average number of common shares outstanding for 2014 would be:
A) 245.
B) 315.
C) 490.
D) 540.
Correct Answer:
Verified
Correct Answer:
Verified
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